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Nan Fung Wins Bid for Tung Chung East Station Package One Property Development
2024-12-20 17:31:39
The contract for the Tung Chung East Station Package One Property Development project was won by Win Channel Development, a subsidiary of Nan Fung Group Holdings, according to the announcement made by MTR CORPORATION (00066.HK) today (20th).

The tender of the project was passed in November 2023 due to the lack of bid submission by developers, but the project was split by half this year and re-launched, with a total of 4 tender proposals received earlier. The market valuation of the project ranges from over $300 million to $600 million.
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